Heineken (OTCMKTS:HEINY) Reaches New 1-Year Low – Here’s Why

Heineken NV (OTCMKTS:HEINYGet Free Report)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as $37.98 and last traded at $38.12, with a volume of 58085 shares traded. The stock had previously closed at $39.0175.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HEINY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Heineken in a report on Thursday, February 12th. Royal Bank Of Canada restated a “sector perform” rating on shares of Heineken in a research report on Thursday, February 12th. Dbs Bank cut shares of Heineken from a “moderate buy” rating to a “hold” rating in a report on Thursday, February 12th. Zacks Research upgraded shares of Heineken from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 26th. Finally, Oddo Bhf lowered shares of Heineken to a “neutral” rating in a research note on Monday, January 26th. Four investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Get Our Latest Analysis on HEINY

Heineken Price Performance

The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.69 and a current ratio of 0.93. The company has a 50 day moving average price of $42.34 and a two-hundred day moving average price of $40.70.

Heineken Company Profile

(Get Free Report)

Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company’s activities span brewing, marketing and distribution of beer and cider products, serving on‑trade and off‑trade channels as well as e‑commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.

Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest brewers.

Further Reading

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